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CBIC issued clarification regarding GST rates & classification (goods) based on the recommendations of the GST Council in its 53rd meeting

The CBIC issued Circular No. 229/23/2024-GST on July 15, 2024, providing clarifications on GST rates and classification for goods based on the recommendations of the GST Council’s 53rd meeting held on June 22, 2024. The circular addresses issues related to GST rates on solar cookers, fire water sprinklers, and parts of poultry-keeping machinery. It clarifies the appropriate classification and applicable GST rates for these items based on the recommendations of the GST Council.

Source A2ztaxcorp


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